{"id":68351,"date":"2022-07-12T14:14:32","date_gmt":"2022-07-12T10:14:32","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=68351"},"modified":"2022-07-12T14:14:35","modified_gmt":"2022-07-12T10:14:35","slug":"european-stocks-fall-as-fears-of-an-economic-recession-grow","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-fall-as-fears-of-an-economic-recession-grow\/07\/12\/market-updates\/","title":{"rendered":"European stocks fall as fears of an economic recession grow"},"content":{"rendered":"\n<p>European shares extended losses for the second consecutive session on Tuesday, weighed down by fears of a lack of energy supplies, while a rise in COVID-19 infections in China exacerbated fears of a global economic recession.<\/p>\n\n\n\n<p>The decline included most sectors such as healthcare, technology and luxury products. The oil sector made small gains.<\/p>\n\n\n\n<p>The pan-European Stoxx 600 index fell 0.6 percent by 0727 GMT, after closing down 0.5 percent on Monday.<\/p>\n\n\n\n<p>The mining sector fell 1.2 percent after several Chinese cities imposed restrictions to contain the spread of the Coronavirus, in what may be a new blow to economic growth in the second-largest economy in the world.<\/p>\n\n\n\n<p>Shares in giant EDF jumped 6.1 percent after sources said the French government would pay more than eight billion euros ($8.05 billion) to fully nationalize the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares extended losses for the second consecutive session on Tuesday, weighed down by fears of a lack of energy supplies, while a rise in COVID-19 infections in China exacerbated fears of a global economic recession. The decline included most sectors such as healthcare, technology and luxury products. The oil sector made small gains. The &hellip;<\/p>\n","protected":false},"author":9,"featured_media":52181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7211,6877,6928,6882],"class_list":["post-68351","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=68351"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68351\/revisions"}],"predecessor-version":[{"id":68352,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68351\/revisions\/68352"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52181"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=68351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=68351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=68351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}